WebIncome Distribution, Product Quality, and International Trade. Pablo D. Fajgelbaum, Gene M. Grossman & Elhanan Helpman. Working Paper 15329. DOI 10.3386/w15329. Issue Date September 2009. Revision Date December 2011. We develop a framework for studying trade in vertically and horizontally differentiated products. WebWe develop a framework for studying trade in horizontally and ver-tically differentiated products. In our model, consumers with hetero-geneous incomes and tastes purchase a homogeneous good and make a discrete choice of quality and variety of a differentiated product. The distribution of preferences generates a nested-logitdemandstruc-
Vertical Product Differentiation and North-South Trade - JSTOR
Web3 nov. 2024 · This paper studies the possibility of different types of mergers when firms produce vertically and horizontally differentiated products. Two firms produce a better … WebVernon's original product cycle hypothesis (1966) and its reformulation by Paul Krug-man (1979) in a framework with horizontally differentiated products.' We suggest an … haier white undercounter refrigerator
Consumer welfare, licensing, and exclusive dealing with vertically
Web30 jan. 2024 · Differentiated-product markets are often concentrated in the hands of a few dominant organizations, which strive to keep on equal footing by offering similar products. In these markets, a product proliferation strategy can help one of the dominant incumbents claim a particular submarket as its territory. Web2. Price competition and product differentiation: single product firms A standard result in the analysis of markets with horizontally differentiated products is that in free-entry equilibrium the number of firms increases without bound when the size of the fixed setup costs tends to zero or the size of the market becomes very large. Web23 apr. 2024 · To survive and thrive in the coming decades, FMCG companies will need a new model for value creation, which will start with a new, three-part portfolio strategy. Today, FMCGs focus most of their energy on large, mass brands. Tomorrow, they will also need to leapfrog in developing markets and hothouse premium niches. haier window ac change filter